Grayscale GBTC: $18.2M Bitcoin ETF Outflow
Grayscale GBTC posted an $18.2 million outflow in latest Bitcoin ETF daily flows as BTC holds $77037.3 on 4h chart with bearish EMA structure.
SourceAnalysis
Grayscale recorded an GBTC outflow of $18.2 million in the latest Bitcoin ETF daily flows, extending the pattern of institutional redemptions that shaped Bitcoin spot ETF daily flows trends over the past year. BTC trades at $77037.3 inside its Bollinger band on the 4h chart where the EMA50 at $77132.22 caps upside as resistance while the EMA200 at $74582.62 offers deeper support; the MACD golden cross at -175.39 hints at building momentum even as RSI sits neutral at 53.71, pointing to a likely test of upper band resistance near $77764.35 before any sustained move higher.
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